EA Options History — February 2023

In February 2023, EA traded between $109.63 and $116.25. ATM implied volatility averaged 22.8%, placing in the 3.9% IV rank vs the trailing year. The 30-day expected move averaged 6.5%. IV traded below realized volatility by 15.9% (HV 20d: 38.7%). Max pain ranged from $117.00 to $125.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 13 of 19 days. Put/call ratio averaged 0.54.

Notable Days

  • 2023-02-01: Highest Volume — 49,516 contracts
  • 2023-02-15: Largest IV drop — 8.0% change
  • 2023-02-13: Highest IV Rank — 8.5%
  • 2023-02-01: Largest Expected Move — 7.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$112.56$109.63$116.25$116.25$110.75
Max Pain$120.32$117.00$125.00$125.00$117.00
ATM IV22.8%21.3%24.1%24.1%21.3%
Expected Move6.5%5.9%7.4%7.4%6.1%
HV 20d38.7%37.4%39.6%39.0%37.9%
HV 60d27.0%25.9%28.4%28.4%25.9%
IV Rank3.9%0.0%8.5%8.3%0.0%
IV Percentile2.2%0.0%7.1%3.6%0.0%
Term Structure0.3%-0.4%1.2%0.1%0.6%
VWIV22.5%20.0%26.5%26.5%21.2%
Skew 25d3.4%2.8%3.8%3.7%3.1%
Skew 10d7.1%6.3%8.6%7.7%6.5%
Call IV 25d21.5%19.9%23.5%22.2%19.9%
Put IV 25d24.8%23.1%26.7%25.9%23.1%
Bid-Ask Spread %9.205.8622.0922.099.90
Gamma HHI0.140.100.250.110.12
Net GEX-6.6M-13.5M-2.3M-13.5M-2.3M
Net DEX138.6M94.9M232.2M232.2M104.6M
Net VEX-1.1M-1.1M-1.0M-1.0M-1.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.540.111.030.860.11
Total Volume8,760.4212,79249,51649,5164,531
Total OI92,501.31675,185118,13192,94982,439

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$116.25$125.0024.1%7.4%39.0%8.3%26.5%3.7%0.1%-13.5M232.2M-1.0M0.8622.09N/AN/A26,55922,95744,70148,248
2023-02-02$116.14$125.0022.3%6.6%38.5%0.6%22.7%2.8%-0.0%-6.1M172.2M-1.1M0.3610.96N/AN/A16,7966,00457,16954,855
2023-02-03$114.34$125.0022.7%6.4%38.7%2.6%22.5%3.8%-0.1%-8.1M207.9M-1.1M0.4813.17N/AN/A8,0943,87463,50554,626
2023-02-06$112.28$120.0023.6%6.9%39.0%6.2%23.1%3.4%0.6%-9.7M164.6M-1.1M0.836.82N/AN/A5,8434,84147,41944,716
2023-02-07$113.92$120.0022.5%6.4%39.5%1.8%22.4%3.0%-0.2%-7.7M125.1M-1.1M0.488.55N/AN/A5,6292,68749,74645,694
2023-02-08$112.78$120.0022.9%6.5%39.6%3.4%22.7%2.9%-0.3%-8.2M143.8M-1.1M1.038.13N/AN/A1,8021,85951,08645,983
2023-02-09$112.12$120.0023.9%7.2%38.9%7.5%24.6%3.6%1.2%-8.1M151.2M-1.1M0.298.85N/AN/A5,6611,63151,89645,420
2023-02-10$112.01$120.0023.6%7.0%38.8%6.6%23.4%3.8%0.9%-11.2M151.3M-1.1M0.858.86N/AN/A2,7752,34853,22245,692
2023-02-13$113.27$120.0024.1%6.9%39.3%8.5%23.7%3.2%0.5%-5.2M106.2M-1.1M0.528.86N/AN/A3,7471,93048,47943,185
2023-02-14$112.44$120.0023.5%6.8%39.1%5.8%22.9%3.1%-0.4%-6.3M139.9M-1.1M0.406.00N/AN/A3,7801,52349,65444,406
2023-02-15$113.03$120.0021.6%6.2%39.3%0.0%22.3%3.4%1.2%-5.7M112.6M-1.1M0.655.86N/AN/A2,4931,60851,06543,858
2023-02-16$111.78$120.0022.7%6.5%39.3%4.8%21.8%3.1%-0.2%-6.4M143.0M-1.1M0.267.23N/AN/A2,75071152,45644,745
2023-02-17$112.04$120.0022.6%6.5%38.7%4.1%21.5%3.6%0.1%-8.4M128.3M-1.1M0.906.46N/AN/A2,5092,24653,21644,072
2023-02-21$112.15$120.0022.9%6.4%38.2%5.3%22.6%3.8%0.5%-3.2M94.9M-1.1M0.3811.05N/AN/A2,59297337,81337,372
2023-02-22$111.72$120.0022.8%6.3%38.1%4.9%21.5%3.6%0.2%-2.7M97.6M-1.1M0.457.92N/AN/A2,2401,01739,41837,938
2023-02-23$110.92$120.0022.1%6.2%38.0%2.0%20.9%3.4%0.1%-4.0M114.6M-1.1M0.436.47N/AN/A4,4471,93240,22138,634
2023-02-24$109.63$117.0021.8%6.0%37.4%0.9%20.8%3.2%0.2%-5.4M137.2M-1.1M0.698.33N/AN/A1,9281,33943,39440,101
2023-02-27$111.04$117.0021.5%5.9%38.0%0.0%20.0%3.5%0.5%-2.5M105.6M-1.1M0.269.20N/AN/A2,21557741,66139,420
2023-02-28$110.75$117.0021.3%6.1%37.9%0.0%21.2%3.1%0.6%-2.3M104.6M-1.1M0.119.90N/AN/A4,07945242,69939,740